Providence, RI Paolino Properties acquired 70 Kennedy Plaza, known as the Peoples Savings Bank Building. Built in 1947, the building sits between Kennedy Plaza and Westminster St. The closing date for the acquisition was March 1, 2023.
Cranston, RI Carole Scaralia of Albert Realtors was the listing broker of 11 Auburn St., a 7,200 s/f commercial mixed-use building. The selling agent was Jimmy Rainieri of Empire Real Estate Group. The sale price was $755,000. The seller was Econ Properties LLC and the buyer was Bordello Realty LLC.
East Providence, RI The Foncellino Team at Coldwell Banker Commercial listed and leased a 3,000 s/f retail unit at Forbes Sq., 1235 Wampanoag Trail. The tenant is a new franchisee for Fred Astaire Dance Studios. They will be remodeling the space to meet their needs.
Pawtucket, RI Mayor Donald Grebien joined governor Dan McKee, lieutenant governor Sabina Matos, U.S. senators Jack Reed and Sheldon Whitehouse, congressmen David Cicilline and Seth Magaziner, secretary of state Gregg Amore, general treasurer James Diossa, and Central Falls council president Bob Ferri, for the grand opening of
East Providence is investing in public infrastructure to become more environmentally and economically resilient. The city is leveraging municipal funds to obtain grant funding from state and federal agencies to accomplish the goal of supporting existing and future economic growth. Through targeted investments in protecting natural resources
North Kingstown, RI Utility Supply & Construction Company of Reed City, MI joined the West Davisville Commons (WDC) in December of 2022. The company’s growth changed their footprint in the WDC from 40,000 s/f to 100,000 s/f in a few weeks. Utility Supply & Construction also added
Charlestown, RI Hayes & Sherry has facilitated the $2.68 million sale of a 12-acre property. The property, 5407 Post Rd., was sold in late January. Derek Brazeau, a specialized multifamily broker for Hayes & Sherry, led the transaction. He represented the seller.
Foster, RI A 6.2MW solar farm provides 3.35 GWh per year of clean, renewable energy for over 700 community solar subscribers. The state of Rhode Island has ambitious targets for renewable energy production, including from solar. Many residents—especially those with the most to gain from
Burrillville, RI Mott & Chace Sotheby’s International Realty brokered the sale of the waterfront home at 123 Reservoir Rd. for $1.22 million. Bridgette Soby, sales associate, and Danielle Fox, sales associate, both of Mott & Chace Sotheby’s International Realty, represented the seller. Jacqueline
Providence, RI Compass negotiated the sale of 77 South Angell St., Unit 101, marking the highest condominium sale in the history of the East Side of Providence.* The apartment sited in Wayland Sq. closed for $1.645 million. Compass sales associates participated in both sides of this record transaction, with Kevin Fox
